PLEASURE RIDGE PARK,  KENTUCKY - Real Estate Market Update January 2024 - Presented by Totally About Houses

🏡📊 Exciting News for Pleasure Ridge Park 📈📅

🌟 Monica Dunlap, REALTOR® from Totally About Houses is here to share the latest market trends data with all the buyers and sellers out there! 🏢💼

📅 As of November 2023, the market is looking great with a 1.73 Months Supply of Inventory! 🏠📈 This indicates a healthy balance between supply and demand.

📊 Over the last 12 months, we've seen a positive increase of +12.34% in Months Supply of Inventory, which means the market is growing stronger! 💪📈

💲💰 Sellers, pay attention! The List to Sold Price percentage is an impressive 98.5%! This shows that homes are selling close to their listing price, maximizing your investment. 💵💼

⏰⌛️ Buyers, the median days on market is just 21 days! Homes are selling quickly, so be ready to act fast when you find your dream home. ⚡️🔑

💲💰 The Median Sold Price in Pleasure Ridge Park currently stands at $196,000. This is a valuable piece of information for both buyers and sellers to consider when making their real estate decisions. 💼💵

🔍📈 Whether you're buying or selling, having access to market trends data is crucial. Monica Dunlap, REALTOR® from Totally About Houses is here to guide you through the process and help you make informed decisions. 🤝🔑

📞 Give Monica a call today at [Phone Number] to discuss your real estate goals and take advantage of these exciting market trends! 📲🏡

#RealEstate #MarketTrends #LouisvilleKY #PleasureRidgePark #TotallyAboutHouses #MonicaDunlap #Realtor

Welcome back to Totally About Houses, where we bring you the latest updates on the real estate market. I'm your trusted realtor in Pleasure Ridge Park. Today, I have some exciting news to share with both buyers and sellers in our area. So let's dive right in!

Let's start with the Months Supply of Inventory. As of November 2023, we currently have a one point seventy three Months Supply of Inventory in Pleasure Ridge Park. Now, what does this mean for you? Well, it indicates how long it would take for all the existing homes on the market to sell, given the current pace of sales. A lower supply suggests a seller's market, where demand exceeds the available inventory.Sellers, this is great news for you as it means your homes have a higher chance of selling quickly!

Now, let's talk about the trend we've seen over the past year. The Months Supply of Inventory has increased by 12.3%. This indicates a slight shift towards a more balanced market, where supply and demand are more evenly matched. Buyers, take note of this change as it might mean more options and potentially less competition in your search for the perfect home.

Moving on, let's discuss the List to Sold Price percentage. Currently, we're seeing a strong ninety eight point forty six percent List to Sold Price. This means that, on average, sellers are receiving nearly their full asking price. Sellers, this should give you confidence that you can expect a fair price for your property in this market.

Next up, the Median days on market. The data shows that homes in Pleasure Ridge Park are spending an average of 21 days on the market before being sold. Buyers, this means that you'll need to act fast when you find a home you love. Don't hesitate, as it could be gone before you know it!

Lastly, let's talk about the Median Sold Price, which currently stands at $196,000. This is a valuable piece of information for both buyers and sellers. Sellers, it's a good indication of what you can expect to receive for your property. Buyers, it gives you an idea of the price range you'll be working with in this area.

And that wraps up our market update for Pleasure Ridge Park. Remember, if you're considering buying or selling a home in our area, I'm here to help you every step of the way. Reach out to me at Totally About Houses and let's make your real estate dreams a reality. Thanks for watching, and I'll see you next time!